Growth Metrics

Precision Drilling (PDS) Change in Working Capital (2009 - 2026)

Precision Drilling posted quarterly Change in Working Capital of $151.7 million for Q1 2026, up 13.28% on a QoQ basis from $134.0 million in Q4 2025.

Precision Drilling (PDS) has 18 years of Change in Working Capital data on file, last reported at $151.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Working Capital changed N/A year-over-year to $151.7 million; the trailing twelve-month figure through Mar 2026 stood at $151.7 million (changed N/A YoY), and the FY2025 full-year result was $133.7 million, up 14.88% from the prior year.
  • Change in Working Capital for Q1 2026 stood at $151.7 million, up from $134.0 million in the prior quarter.
  • Across five years, Change in Working Capital topped out at $184.1 million in Q1 2023 and bottomed at $2.7 million in Q2 2025.
  • The 5-year median for Change in Working Capital is $116.6 million (2022), against an average of $109.8 million.
  • The widest annual swing landed in 2023, when Change in Working Capital surged 125.04%; it then plunged 97.71% in 2025.
  • A 5-year view of Change in Working Capital shows it stood at $44.7 million in 2022, then soared by 125.04% to $100.5 million in 2023, then grew by 15.77% to $116.4 million in 2024, then rose by 15.1% to $134.0 million in 2025, then increased by 13.28% to $151.7 million in 2026.
  • The last three Change in Working Capital figures came in at $151.7 million (Q1 2026), $134.0 million (Q4 2025), and $2.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 151.75 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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DateValue
Mar 31, 2026 151.75 Mn
Mar 31, 2026 151.75 Mn
Dec 31, 2025 133.96 Mn
Dec 31, 2025 133.96 Mn
Jun 30, 2025 2.66 Mn
Jun 30, 2025 2.66 Mn
Dec 31, 2024 116.39 Mn
Dec 31, 2024 116.39 Mn
Sep 30, 2024 122.03 Mn
Sep 30, 2024 122.03 Mn
Jun 30, 2024 115.86 Mn
Jun 30, 2024 115.86 Mn
Dec 31, 2023 100.54 Mn
Dec 31, 2023 100.54 Mn
Sep 30, 2023 132.58 Mn
Sep 30, 2023 132.58 Mn
Jun 30, 2023 100.38 Mn
Jun 30, 2023 100.38 Mn
Mar 31, 2023 184.07 Mn
Mar 31, 2023 184.07 Mn
Dec 31, 2022 44.67 Mn
Dec 31, 2022 44.67 Mn
Sep 30, 2022 116.77 Mn
Sep 30, 2022 116.77 Mn
Jun 30, 2022 87.45 Mn
Jun 30, 2022 87.45 Mn
Mar 31, 2022 128.49 Mn
Mar 31, 2022 128.49 Mn
Dec 31, 2021 64.77 Mn
Dec 31, 2021 64.77 Mn
Sep 30, 2021 95.53 Mn
Sep 30, 2021 95.53 Mn
Jun 30, 2021 93.97 Mn
Jun 30, 2021 93.97 Mn
Mar 31, 2021 127.71 Mn
Mar 31, 2021 127.71 Mn
Dec 31, 2020 134.56 Mn
Dec 31, 2020 134.56 Mn
Sep 30, 2020 165.22 Mn
Sep 30, 2020 165.22 Mn
Jun 30, 2020 171.55 Mn
Jun 30, 2020 171.55 Mn
Mar 31, 2020 169.28 Mn
Mar 31, 2020 169.28 Mn
Dec 31, 2019 152.78 Mn
Dec 31, 2019 152.78 Mn
Sep 30, 2019 172.20 Mn
Sep 30, 2019 172.20 Mn
Mar 31, 2019 218.26 Mn
Mar 31, 2019 218.26 Mn
Dec 31, 2018 182.24 Mn
Dec 31, 2018 182.24 Mn
Sep 30, 2018 170.61 Mn
Sep 30, 2018 170.61 Mn
Jun 30, 2018 152.05 Mn
Jun 30, 2018 152.05 Mn
Dec 31, 2017 182.71 Mn
Dec 31, 2017 182.71 Mn
Sep 30, 2017 212.24 Mn
Sep 30, 2017 212.24 Mn
Jun 30, 2017 181.39 Mn
Jun 30, 2017 181.39 Mn
Mar 31, 2017 188.01 Mn
Mar 31, 2017 188.01 Mn
Dec 31, 2016 173.09 Mn
Dec 31, 2016 173.09 Mn
Sep 30, 2016 300.79 Mn
Sep 30, 2016 300.79 Mn
Jun 30, 2016 389.76 Mn
Jun 30, 2016 389.76 Mn
Mar 31, 2016 397.36 Mn
Mar 31, 2016 397.36 Mn
Dec 31, 2015 402.26 Mn
Dec 31, 2015 402.26 Mn
Sep 30, 2015 409.60 Mn
Sep 30, 2015 409.60 Mn
Jun 30, 2015 413.48 Mn
Jun 30, 2015 413.48 Mn
Mar 31, 2015 472.69 Mn
Mar 31, 2015 472.69 Mn
Dec 31, 2014 575.63 Mn
Dec 31, 2014 575.63 Mn
Sep 30, 2014 637.53 Mn
Sep 30, 2014 637.53 Mn
Jun 30, 2014 683.98 Mn
Jun 30, 2014 683.98 Mn
Mar 31, 2014 353.56 Mn
Mar 31, 2014 353.56 Mn
Dec 31, 2013 291.52 Mn
Dec 31, 2013 291.52 Mn
Sep 30, 2013 200.47 Mn
Sep 30, 2013 200.47 Mn
Jun 30, 2013 237.73 Mn
Jun 30, 2013 237.73 Mn
Mar 31, 2013 314.86 Mn
Mar 31, 2013 314.86 Mn
Dec 31, 2012 280.58 Mn
Dec 31, 2012 280.58 Mn
Sep 30, 2012 323.65 Mn
Sep 30, 2012 323.65 Mn
Jun 30, 2012 446.82 Mn
Jun 30, 2012 446.82 Mn
Mar 31, 2012 587.23 Mn
Mar 31, 2012 587.23 Mn
Dec 31, 2011 596.41 Mn
Dec 31, 2011 596.41 Mn
Sep 30, 2011 731.82 Mn
Sep 30, 2011 731.82 Mn
Dec 31, 2010 451.99 Mn
Dec 31, 2010 451.99 Mn
Sep 30, 2010 392.06 Mn
Sep 30, 2010 392.06 Mn
Jun 30, 2010 343.53 Mn
Jun 30, 2010 343.53 Mn
Mar 31, 2010 393.91 Mn
Mar 31, 2010 393.91 Mn
Dec 31, 2009 303.90 Mn
Dec 31, 2009 303.90 Mn
Sep 30, 2009 279.20 Mn
Sep 30, 2009 279.20 Mn
Jun 30, 2009 253.66 Mn
Jun 30, 2009 253.66 Mn
Mar 31, 2009 295.68 Mn
Mar 31, 2009 295.68 Mn